Highlights of Stadshypotek’s Annual Report January – December 2017

JANUARY – DECEMBER 2017 COMPARED WITH JANUARY – DECEMBER 2016Stadshypotek’s operating profit increased by 8%, or SEK 883m, to SEK 12,249m (11,366). Net interest income grew by SEK 995m to SEK 13,357m (12,362), mainly due to higher lending volumes to the private market in Sweden. However, this change in net interest income was adversely affected by SEK 391m as a result of the significant increase of the fee to the Resolution Fund in 2017. Net interest income was affected positively by SEK 250m due to changes in the terms and conditions of subordinated loans. Of the net interest income, SEK